CAREER OPPORTUNITIES IN MATHEMATICAL SCIENCES Dongming Wei Professor

CAREER OPPORTUNITIES IN MATHEMATICAL SCIENCES Dongming Wei Professor of Mathematics School of Science and Technology, Nazarbayev University dongming. wei@nu. edu. kz

FACTS IN SHORT • The Wall Street Journal: “Mathematician is considered the Best Job of All Jobs”. • Les Krantz’s The Jobs Rated Almanac: 5 of 6 “Best Jobs” are math related • Less stress, high salary, autonomy, high demand

JOB SECTORAL WAGE HTTP: //WWW. CAREERCAST. COM/JOBS-RATED/BEST-JOBS-2016 Rank Job BLS Median Annual Salary Stress Score Hiring Growth Outlook 1 Data Scientist $128, 240 91 16. 02% 2 Statistician $80, 295 92 36. 53% 3 Information Security Analyst $89, 280 94 17. 83% 4 Audiologist $73, 231 97 29. 11% 5 Diagnostic Medical Sonographer $68, 200 122 27. 5% 6 Mathematician $104, 285 126 23. 20% 7 Software Engineer $93, 233 131 17. 78% 8 Computer Systems Analyst $83, 255 133 20. 57% 9 Speech Pathologist $72, 247 136 22. 19% 10 Actuary $97, 362 138 21. 60%

JOB SECTORAL WAGE HTTP: //WWW. CAREERCAST. COM/SLIDE/BEST-JOBS-2013 M 2013 BEST JOBS Ran k Job Income Stress Hiring Outlook 1 Actuary $87, 650 123 27% 2 Biomedical Engineer $81, 540 133 62% 3 Software Engineer $90, 530 136 30% 4 Audiologist $66, 660 140 37% 5 Financial Planner $64, 750 159 32% 6 Dental Hygienist $68, 250 161 38% 7 Occupational Therapist $72, 320 166 33% 8 Optometrist $94, 990 190 33% 9 Physical Therapist $76, 310 199 39% 10 Computer Systems Analyst $77, 740 212 22%

THE FUTURE IS BRIGHT: US JOB PROJECTION 2014 - 2024 • 2015 • All science, technology, engineering, and mathematics (STEM), 8, 6 Million jobs • Mathematics, nearly 160, 000 jobs • Average STEM wage: $87, 570/year (national average wage $48, 320/year) • 2014 – 2024 • Annual math jobs increase more rapidly (28. 2%) than all jobs (6. 5%) • Roughly 80, 000 math job openings • Qualification: 70% BSc, 5% Ph. D

THE FUTURE IS BRIGHT: US JOB PROJECTION 2014 - 2024 Math jobs (with BSc): • Statisticians • Operation Research Analysts • Pure/Applied Mathematicians • Actuaries

WHAT JOBS FOR MATHEMATICIANS SOCIETY FOR INDUSTRIAL AND APPLIED MATHEMATICS (SIAM) • • • Academic and research (math, engineering) institutes Aerospace and airlines Analytics and forecasting organizations Chemical or pharmaceutical manufacturers Communication Technology IT and software firms; Computer Manufacturers Energy systems firms Financial service and investment management firms Government labs, research offices and agencies Insurance companies Medical engineering companies Oil industries

NU MATH GRADUATE PROFILE PARTIAL DATA 2015 21 42 55 Graduate School 6+ 12+ 22+ Job Market • 2017 Total Graduate • 2016 3+ 1 10+ Graduate School: • Mathematics (UIUC, MAc. MAster, Glasgow) • Applied Mathematics (Oxford, Manchester, Warwick, Delft, Stanford, UIUC, Berlin Math Inst. , KAUST, NU) • Statistics, Public Health (NUS, UI-Chicago, NU) • Actuary and Financial Mathematics (Alberta, UIUC, Boston) • Operations Research (UN-Chapel Hill) • Finance, Accounting, and Economics ( NU, Amsterdam, KIMEP) • MBA(Moscow, China) • Engineering (NU) Job market • Financial Auditor and Analyst (E&Y, PWC, BDO, Eurasian Resources Group) • Finance (Banks, Samruk-Kazyna) • Oil sectors • Education (International Schools)

NU MATH 2017 GRADUATES’ SCHOOL/JOBS • Rustam Bekishev- (King Abdullah University of Science & Technology (KAUST), Statistics • Alibek Sailanbayev- KAUST, MSc+Ph. D. , Computing, Machine Learning • Gulzhan Tumenbayeva-KAUST, Big Data and Statistics Computing • Madina Bolat-University of Illinois at Urbana-Champaign, MSc Mathematics • Aizhan Issagali-Berlin Math Institute, Applied Math • Andrei Pak-MSc+Ph. D. University of Alberta-Financial mathematics • Gulzhan Tumenbayeva-KAUST-Big Data and Statistics Computing • Laila Zhexembay-MSc, University of Illinois at Urbana-Champaign-Applied Math in Sciences • Adil Kusmanov -MSc, Oxford-Mathematical Modelling and Scientific Computing • Adiya Makhambetova-MSc, Boston University, Actuarial Mathematics • Bauyrzhan Yerzhigit-Msc Applied Math, NU • Daiana Azamat- Msc Applied Math, NU • Aigerim Zholmaganbetova- Msc Applied Math, NU • Abylay Zhumekenov - Msc Applied Math, NU • Mereigul Gumarova-MS Accounting and Auditing, KIMEP U • Olzhas Sagimbekov – Russian Academy of Public Administration – MA in Public Policy • Moldir Nurazkhan, GSE MSc in Educational leadership, NU

Akbota Mukhamediyeva-MS, Nazarbavev University, Finance Dana Seilova-MS, Nazarbavev University, Finance Gaukhar Nuraly- MS, Nazarbavev University, Finance Meruyert Nursadyk- MS, Nazarbavev University, Finance Symbat Aitakhanova- MS, Nazarbavev University, Finance Beksultan Muratuly-MS, Nazarbavev University, Finance Askar Nurseiit -MS, Nazarbavev University, Finance Assel Kylyshbekova- auditor in Ernst and Young (EY) Togzhan Dyussupzhanova-auditor in Ernst and Young (EY) Zhibek Bakytzhanova- auditor Pricewaterhouse. Coopers (PWC) Batyr Abylkassimov- auditor in Pricewaterhouse. Coopers(PWC) Arsen Shegebayev- auditor in BDO Sultanbek Nurpeisov- auditor in Pricewaterhouse. Coopers(PWC) Bagyzhan Bagymkyzy- project specialist in Corporate University of Samruk-Kazyna Ryszhan Tabarek-math teacher in International school "SPECTRUM" Yerzhigit Ischanov- in treasury depart. Ment Inter. GAS Rassulla Kari- Homecredit bank, Almaty

NU 2016 Math Graduates • Nursultan Svankulov – Ph. D Operations research, University of North Carolina Chapel Hill • Nazgul Zakiyeva - Ph. D Statistics, National University of Singapore • Nurbek Tazhimbetov - Ph. D, Stanford University • Nurlan Abdukadyrov - Ph. D, UI Chicago • Gulzira Khamidulliyeva - MS Public Health, NU • Zhanbota Myrzakul - MS Mathematics, U. Glasgow • Narken Aimambet - MSc Applied Mathematics, TU Delft • Ainur Kusmukhan - MSc Economics, University of Amsterdam • Aliya Jangabylova-MSc Mathematics of Systems, Warwick University • Zhuldyzay Baki – MSc+ Ph. D. , Applied Math, KAUST • Chingis Matayev-MS in Economics, NU • Malika Idizova-MS in Economics, NU

NU 2015 Math Graduates Adilbek Karzhan - Ph. D Mathematics, Mac. Master Adilet Otemissov - Ph. D, Oxford Daulet Dyssekenov - MSc Actuarial Mathematics, UIUC Birzhan Akynkozhayev - MSc Mathematics, U. Manchester Nursultan Yessenkul - Queen Mary University or King's College (Financial Math) Aidana Talassova - MS, Russian Presidential Academy of National Economy and Public Administration, Moscow Zhassulan Kazbek – Investment Company

COMPETITIVE GRADUATE SKILLS • • • Analysis Differential equations and modeling Numerical analysis Optimization Statistics Actuarial Math Computer and programming (MATLAB, Maple, SAS, R) Communication and presentation skills Team work

MATH JOBS IN KAZAKHSTAN • • Biostatisticians Operation Research analysts Financial analysts/Auditors Actuaries Computer security analysts Academia Mathematics educators

BIOSTATISTICS • Biostatisticians with advanced degrees can look forward to excellent career opportunities in government, industry, and academia. • Employers: pharmaceutical companies, university research groups, hospitals, and health-related industries.

OPERATIONS RESEARCH ANALYST • Use of optimization, queuing, data mining, statistical analysis and mathematical modeling, to develop solutions that help businesses and organizations operate more efficiently and cost-effectively. • Employers: • • • logistics companies (Kaz. Post, DHL) airlines (Air Astana), consulting companies (Deloitte, Pricewaterhouse. Coopers) oil companies (Kaz. Munay. Gas) financial companies

ACTUARY HTTP: //WWW. ACTUARIES. ORG/ HTTP: //WWW. BEANACTUARY. ORG/WHAT/ • Knowledge of statistics, finance, and business, to assess the risk of events occurring and help create policies that minimize risk and its financial impact on companies and clients. • Typically BSc with Actuary Certificate. MSc is common too. • Employers: • insurance industry (life, health, property, and casualty insurance), healthcare, and consulting firms.

QUANTS: QUANTITATIVE ANALYSTS • Mathematics, finance and computer skills • Demand: • Rapid growth of hedge funds and automated trading systems • Increasing complexity of both liquid and illiquid securities • Need to give traders, accountants and sales reps access to pricing and risk models • Ongoing search for market-neutral investment strategies. • Employers: • • • Consulting firms Airlines (Air Astana) Financial and investment management (Citibank, Prudential) Logistics (Kaz. Post, DHL, Fed. Ex) Communications services providers (Kaz. Tel, Bee. Line) Oil industry (Kaz. Munay. Gas)

RICHEST MATHEMATICIANS HTTPS: //WWW. TED. COM/TALKS/JIM_SIMONS_A_RARE_INTERVIEW_WITH_THE_MATHEMATICIAN_WHO_ CRACKED_WALL_STREET JAMES HARRIS SIMONS • Geometry and Topology of Manifolds • Ph. D, UC Berkeley • AMS Oswald Veblen Prize • Founded “Renaissance Technologies” • Wealth: US$ 18 Billion

RICHEST MATHEMATICIANS HTTPS: //EN. WIKIPEDIA. ORG/WIKI/ADI_SHAMIR ADI SHAMIR • Cryptology • Ph. D, The Weizmann Institute, Tel Aviv, Israel • The Erdos Prize, UAP Scientific Price • Wealth: at least US$ 1 Billion

RICHEST MATHEMATICIANS HTTPS: //EN. WIKIPEDIA. ORG/WIKI/EDWARD_O. _THORP EDWARD THORP • Probability, Linear Operators • Ph. D, UCLA • Founded “Edward O. Thorp and Associates” • Wealth: US$ 800 Million • Through his career, has traded US$ 100 Billion

MATH AND HOLLYWOOD PIXAR • Computer animation film studio • Finding Nemo • Company value: US$ 7. 4 Billion (2006)

MATH IN NASA KATHERINE JOHNSON • Ph. D, West Virginia State • Join NASA in 1953 • Mercury Mission, Apollo Mission, Space Shuttle Program, Mars Mission • Presidential Medal of Freedom (2015) • BBC’s 100 Influential Women

MATH AND NOBEL PRIZE • Bertrand Russell, Literature, 1950. Co-author of Principia Mathematica • Max Born, Physics, 1954 • Jan Timbergen, Economics, 1969. Optimization. • Leonid Kantorovich, Economics, 1975. Linear Programming, Functional Analysis, • Reinhard Selten, Economics, 1994. Game Theory • John Nash, Economics, 1994. Game Theory, Differential Geometry. • More recent ones: